Home Technology Electric Vehicles to Save $2 Billion in Oil Imports Annually

Electric Vehicles to Save $2 Billion in Oil Imports Annually

0
Electric Vehicles to Save $2 Billion in Oil Imports Annually
Electric Vehicles to Save $2 Billion in Oil Imports Annually

Prime Minister’s Adviser on Climate Change Amin Aslam, has claimed that the introduction of electric vehicles in Pakistan will save around US$2 billion rupees spent annually on oil imports. By adopting electric vehicles, the consumers will be able to save over 30 percent in costs related to vehicle maintenance, because these do not require petrol, gas, or engine oil and driving them is highly comfortable, and affordable.

Private electric vehicle manufacturing stakeholders and investors were also present at the briefing when Amin Aslam made the claims.

Electric vehicle (EV) Policy will help revolutionize the overall transport sector of the country in the coming years with the introduction of better, sustainable and environmental-friendly transport facility.

During a media briefing, he noted that such vehicles will require maintenance of brakes, tyres and suspension. “Electric vehicles do not emit vehicle any air pollutants and these are cleaner, do not cause noise pollution and eliminate your fuel costs. Besides, EVs are fun to drive and these have instant torque and offer a very smooth ride,” he explained while counting on the benefits of the electric vehicles.

The cabinet approved the policy on November 5. The policy will significantly help boost pollution-free transport facilities in the country in a way “that are not harmful to the environment and do not emit any smoke and cause noise pollution”.

“Introduction of electric vehicles in Pakistan following the EV policy, which was framed after consultation with all relevant stakeholders from government and non-governmental sectors, is going to be a big change for the people to switch from fuelling at the pump to fuelling at an outlet,” the adviser said.

From the running costs of electric cars to being very environmental-friendly, the introduction of electric vehicles in the country will help cut the country’s oil import bill, yield countless benefits for both the environment and the people and their overall lifestyle and the way our cities look.”

Aslam said electricity is less expensive than petrol, and it also has a much more stable price point, “meaning that rapid price swings are all but eliminated by going electric”. He added that carbon dioxide emissions from traditional vehicles contribute to greenhouse gases in the atmosphere and accelerate climate change and overall environmental degradation and hurt public health.

Conversely, all-electric vehicles don’t produce climate change-causing carbon dioxide into the atmosphere. Besides, hybrid electric vehicles use their battery to greatly improve the distance you can travel with a gasoline-powered engine.

He said that with the implementation of the electric vehicle policy, a new economic sector will emerge, introducing a new electric vehicle producing industrial sector and thousands of new jobs.

Talking about electric public transport system, he told media that as part of the policy goal, provincial governments are being approached to usher in launch mass transit system in urban areas, under which electric buses will be introduced to provide pollution, noise-free, comfortable and cheaper transport facilities to the masses, particularly women. For this, the federal government will provide every possible help to the provincial governments to introduce such a mass transit system, Malik Amin Aslam added.

The post Electric Vehicles to Save $2 Billion in Oil Imports Annually appeared first on .

Originally Published on ProPakistani.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.